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AutoMate Announces First Quarter 2007 Results

April 11, 2007

Clifton Park, New York -- Auto/Mate Dealership Systems, ranked the highest for overall customer satisfaction in the last three combined NADA surveys, announced that the First Quarter of 2007 was the best ever in the company's 30-year history. From January 1 through March 31, the DMS provider reported the highest revenues and completed more dealer installations than in any previous quarter.

The figures reflect an unprecedented growth trend that Auto/Mate has experienced in the past year. In 2006, Auto/Mate grew revenue by more than 25 percent and opened sales offices with staff in New England, New York, Texas, Pennsylvania/Ohio and in the southeast region.

The company's growth is attributed to the addition of many new features and functionalities within its DMS, culminating in the January 2007 release of AMPS (Automotive Management Productivity Suite), a comprehensive system with more than 20 fully integrated modules to suit any size dealership and to address every need, including sales, F&I, fixed operations, accounting, CRM, fleet sales and more.

Auto/Mate President & CEO, Mike Esposito, also attributes the growth to the company's dedication to customer service. "Dealers are becoming aware that there are more choices out there, and as a result, vendors are competing for more business," said Esposito. "AMPS is a great product, but just as important, Auto/Mate's commitment to putting customers' interests first has given us a competitive advantage that has helped drive an increase in business."

In the last three customer service surveys conducted by NADA, Auto/Mate ranked the highest in overall customer satisfaction than any other DMS provider.

Auto/Mate expects 2007 to be another banner year, with a projected 25-30 percent revenue growth and installations that will outpace last year's by 30 percent. During 2007 Auto/Mate plans to open five more sales offices in Northern and Southern California, Florida, Chicago and in the mid-Atlantic region.

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